NEW YORK, Feb. 13, 2017 /PRNewswire/ -- Empire State Realty Trust (NYSE: ESRT) has signed a long-term lease with Sidney Frank Importing Company, Inc. for a full-floor of nearly 30,000 sq. ft. at 10 Bank Street.
Sidney Frank Importing Company is a wholly owned subsidiary of Mast-Jägermeister, the global manufacturer of its namesake spirits brand. The company is known for its innovative and internationally recognized products.
"This upper floor availability at 10 Bank Street provided Sidney Frank with a unique opportunity to house its operations on a single, efficient floor plate, with an abundance of natural light and expansive corner views, and easy access to mass transit," said Jeffrey H. Newman, Senior Vice President of ESRT. "We are thrilled to welcome Sidney Frank to our portfolio."
Jay Hruska and Skip Lane of Cushman & Wakefield represented Sidney Frank in the lease negotiations. Mr. Newman represented ESRT along with Senior Leasing Associate, Kimberly Zaccagnino, and Leasing Associate, Tara Long.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world's most famous building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2016, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 707,000 rentable square feet in the retail portfolio.
This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of the words "assumes," "believes," "estimates," "expects," "intends," "plans," "projects" and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond ESRT's control and could materially affect actual results, performance or achievements. Such factors and risks include, without limitation, a failure of conditions or performance regarding any event or transaction described above, regulatory changes, and other risks and uncertainties described from time to time in ESRT's filings with the SEC. Except as may be required by law, ESRT does not undertake a duty to update any forward-looking statement, whether as a result of new information, future events or otherwise.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/empire-state-realty-trust-adds-national-spirits-distributor-to-full-floor-roster-at-10-bank-street-300406458.html
SOURCE Empire State Realty Trust, Inc.